Routledge - The Experiment in the History of Economics

Explore the complex role of experimentation within economic thought with The Experiment in the History of Economics. Part of the Routledge Studies in the History of Economics series, this volume challenges the notion that experimentation is impossible in the field. Instead, it provides a deep look at how the concept has been interpreted and applied throughout history. This collection of essays offers rich historical detail on various economic developments. Readers can examine the evolution of laboratory experimentation and the transition from post-war economics to the modern discipline. The text provides specific analysis of the different positions held by Friedrich Hayek and Oskar Morgenstern, making it a valuable resource for students and scholars. Beyond theoretical debates, the book covers practical socio-economic experiments proposed by figures like Ernest Solvay and Knut Wicksell. This volume serves as an essential academic resource for anyone studying the historical foundations and changing methodologies of economic science.